Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd, says most of the Tata Group companies remain very convincing from the point of view of investment. Maybe this market gives some opportunity at a corrected price level. They would once again become a buy in the portfolio from the current level. As for Adani group stocks to … Read more
The first quarter earnings season is underway and as many as 88 companies will announce their quarterly numbers on Thursday. Key results to watch out for include ITC, Sun Pharma, Tata Motors, Adani Enterprises, Adani Ports, Zomato and Dabur. Apart from the above, companies like AB Capital, Clean Science Tech, Emami, Escorts Kubota, Indegene, Le … Read more
Adani group stocks significantly recovered, surging by up to 6% in Wednesday’s trade after experiencing a sharp decline of as much as 15% in early trading. ACC, Ambuja Cement, Adani Green Energy, and Adani Ports surged between 3-6%. In early Wednesday trade, Adani Energy Solutions declined 15%, while Adani Power fell 12%. Adani Enterprises, Adani … Read more
Mumbai: India‘s benchmark indices soared to fresh all-time highs on Thursday as the Reserve Bank of India‘s larger-than-expected dividend payment to the government prompted traders to cover some of their bearish bets. Receding uncertainty over the BJP’s performance in the general elections also bolstered sentiment, with the NSE Nifty ending a whisker away from 23,000. … Read more
Brokerage Citigroup maintained a buy rating on Adani Ports, CLSA maintained a buy rating on D-Mart, Macquarie initiated coverage on AB Capital and Jefferies has a buy rating on BEL. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on Defence: BEL, HAL, Data Patterns Jefferies maintained … Read more
India’s largest private port operator Adani Ports and Special Economic Zone has moved one step closer to returning to the corporate bond market, as it has received ratings earlier this week for a planned debt issue. Rating agency ICRA has assigned AA+ rating for 100 billion rupees ($1.20 billion) of bonds of the company, while … Read more
Hero MotoCorp. Share Price 3280.05 04:03 PM | 16 Nov 2023 102.21(3.21%) Tech Mahindra. Share Price 1207.20 04:03 PM | 16 Nov 2023 33.46(2.84%) Tata Consultancy Services. Share Price 3497.85 04:03 PM | 16 Nov 2023 93.55(2.74%) HCL Technologies. Share Price 1311.05 03:59 PM | 16 Nov 2023 34.40(2.69%) Infosys. Share Price 1444.90 04:03 PM … Read more
Various widely tracked companies like Varun Beverages, Power Grid Corporation, Shree Cements, Tata Power, Adani Ports, LIC, ONGC, Eicher Motors, RVNL, and M&M, will be releasing their September quarter report cards this week. Here’s a list: November 6 Varun Beverages, Divi’s Laboratories, Adani Energy Solutions, Max Healthcare Institute, Linde India, NHPC, Bharat Forge, The Fertilisers … Read more
Jairam Ramesh. File | Photo Credit: ANI The Congress on October 26 cited a media report that one of the Adani Group’s long-time auditors is being scrutinised by India’s accounting regulator to allege that “something is truly rotten” in the conglomerate. Congress general secretary Jairam Ramesh’s attack on the Adani Group came after a media … Read more
After shares of Nifty stock Adani Ports fell 5% amid investor fears related to the impact on Israel’s Haifa Port due to the war, global brokerage firm CLSA said the dip presents an opportunity for investors. The Adani Group stock recovered on Tuesday and was trading 3% higher at Rs 814. “A 5% fall in … Read more